we have termination of employee in our firm with giving one month salary compensation. Will PF and ESIC applicable on that compensation?
From India, Patna

Will not be applicable. PF & ESI contribution are payable on wages earned. The payment for notice period is not covered under the definition of wages in the respective Acts.
From India, Mumbai

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHRô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server